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AUD/USD, AUD/JPY analysis: Yes AU unemployment rose, but…
Economic data in Australia is mixed. On one hand, this makes things tricky, we feverishly pour through data points to draw contrasting conclusions. On the other, it makes things easy because it means the RBA are equally as confused as we are. If there is no clear trend in the data across the board, it makes the policy path less clear. And that means they're less likely to change policy if there are too many ‘ifs and buts’. chart Still, the return of rising inflation alongside the robust employment figures means there is a slight hawkish bias to the RBA's tone. And that's likely to remain in place following ... (full story)
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From bnnbloomberg.ca|Jul 17, 2024|2 commentsJapan’s exports grew for a seventh consecutive month in June, supporting the view that in the second quarter the economy will recover from its contraction at the start of the ...
From business.nab.com.au|Jul 17, 2024Business conditions eased in Q2 as slow economic growth and soft consumer demand growth weighed on firms’ trading conditions and squeezed profitability. A range of forward-looking ...
From rba.gov.au|Jul 17, 2024The output gap – the difference between actual output and potential output – is an important consideration for monetary policy as it is a measure of the extent of spare capacity ...
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- Posted: Jul 17, 2024 10:36pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 3,557
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